SBAC Bank hands over cheque to BB startup fund

Business Desk :

SBAC Bank PLC has handed over a cheque to transfer funds to Bangladesh Startup Investment Company PLC, established by Bangladesh Bank to make equity investment more accessible for technology-based and innovative entrepreneurs, according to a press release.

Md. Rabiul Islam, Additional Managing Director of SBAC Bank, handed over a cheque worth more than Tk 2.58 crore from the bank’s investable fund to Mr. Nawshad Mostafa, Director (SMESPD) on Tuesday at the SME and Special Programmes Department of the central bank.

Mohammad Abdul Mannan, EVP & Head of Credit along with other officials from both organizations, were present on the occasion.